Cathay Education (01935.HK) Popular Stock Analysis Report

Cathay Education (01935.HK) is a listed company in the Education and Training Services sector [2][4]. On January 5, 2026, the company’s subsidiary signed a RMB 826 million construction project contract for the construction of teaching, training, apartment, and dormitory facilities in Zhengzhou City, Henan Province, with funds from IPO proceeds and external loans [1]. On that day, the stock closed at HK$0.91, up 2.25% from the previous day [2], with a trading volume of 28,000 shares and a volume ratio of 1.04, which was roughly in line with the recent average trading volume [4]. Its affiliated ‘Mainland Education Stocks’ concept sector rose 4.20% that day, and the ‘Private Higher Education’ sector rose 1.01%, with a positive overall industry atmosphere [4].

1. Clear signal of business expansion
   : The large construction contract indicates that the company is promoting the expansion of teaching facilities, which helps boost investors’ expectations for future growth [1].
2. Industry linkage and individual stock performance
   : Although the individual stock’s gain (2.25%) was lower than that of its sector (4.20%), the sector’s positive performance provided a favorable market environment for the stock [2][4].
3. Liquidity constraints need attention
   : The low trading volume on that day means insufficient liquidity may lead to increased stock price volatility, limiting short-term gain potential [4].

• Opportunities
  : Facility expansion supports long-term business development; the overall recovery of the education sector raises industry valuation levels [1][4].
• Risks
  : Thin trading leads to liquidity risks; construction projects may face delays, cost overruns, or policy change risks; policy uncertainty in the education industry affects business stability [4].

• Stock code: 01935.HK; Market capitalization: Approximately HK$1.457 billion [4]
• Core catalyst: Subsidiary signed a RMB 826 million construction project contract [1]
• Price performance: Closed at HK$0.91 on January 5, 2026, with a 2.25% gain; 52-week high/low: HK$1.29/0.69 [3][4]
• Key price levels: Support levels at HK$0.85-0.89; Resistance levels at HK$1.00/1.29 [1][3]
• Industry background: Education and Training Services sector; its affiliated ‘Mainland Education Stocks’ concept sector rose by 4.20% that day [4]